Charter Communications (Charter Communications) Interest Expense

: $-5,188 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Charter Communications's interest expense for the three months ended in Dec. 2023 was $ -1,319 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5,188 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Charter Communications's Operating Income for the three months ended in Dec. 2023 was $ 3,012 Mil. Charter Communications's Interest Expense for the three months ended in Dec. 2023 was $ -1,319 Mil. Charter Communications's Interest Coverage for the quarter that ended in Dec. 2023 was 2.28. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Charter Communications Interest Expense Historical Data

The historical data trend for Charter Communications's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Charter Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3,797.00

-3,848.00

-4,037.00

-4,556.00

-5,188.00

Charter Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,227.00	-1,265.00	-1,298.00	-1,306.00	-1,319.00

Charter Communications Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,188 Mil.

Charter Communications (NAS:CHTR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Charter Communications's Interest Expense for the three months ended in Dec. 2023 was $-1,319 Mil. Its Operating Income for the three months ended in Dec. 2023 was $3,012 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $95,777 Mil.

Charter Communications's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3012	/	-1319
	=	2.28

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Charter Communications Inc interest coverage is 2.37, which is low.

Charter Communications (Charter Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Charter Communications Inc (NAS:CHTR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CHTR:Mexico 1CHTR:Italy CQD:Germany CQD:Germany CHCM34:Brazil CHTR:Austria

Address

400 Washington Boulevard, Stamford, CT, USA, 06902

Website

https://corporate.charter.com

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Executives

Thomas Rutledge	director, officer: President and CEO	400 WASHINGTON BLVD., STAMFORD CT 06902
Jamal H Haughton	officer: EVP/Gen Counsel/Corp Secretary	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory B Maffei	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Craig A Jacobson	director	C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Richard Adam Ray	officer: EVP, Chief Commercial Officer	400 WASHINGTON BLVD, STAMFORD CT 06902
Steven A Miron	director	DISCOVERY COMMUNICATIONS, INC., 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Eric Louis Zinterhofer	director	C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP, 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Jonathan Hargis	officer: EVP/Chief Marketing Officer	400 WASHINGTON BLVD., STAMFORD CT 06902
Jessica M Fischer	officer: Chief Financial Officer	400 WASHINGTON BLVD., STAMFORD CT 06902
John Bickham	officer: EVP/Chief Operating Officer	12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Richard R Dykhouse	officer: SVP/Gen Counsel/Corp Secretary	12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
David C Merritt	director	CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
David Ellen	officer: Senior Executive VicePresident	1111 STEWART AVENUE, BETHPAGE NY 11714
Balan Nair	director	901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Christopher L Winfrey	officer: EVP/Chief Financial Officer	CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131